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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: TNH who wrote (24492)	6/19/1998 6:31:00 PM
From: Daniel J	Read Replies (1) \| Respond to of 36349

>>[In in interview, Anders Igel, an executive vice president at Ericsson responsible for its telecommunications business, said "we're in negotiations with three companies, each worth several hundred million dollars." << Well, that's not a good sign, since even at these depressed prices PAIR has a market cap on the order of one billion dollars, and with the buyout premium some here seem to be hoping for, an acquirer would have to pony up around two billion dollars. That's a lot to pay for a company that has not been vary successful at growing sales much for the last year... Don't get me wrong, I am long and would love to see someone throw piles of money at us...